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Finance

TradFi Hedge Fund Hunting Hill Starts Crypto Arm

Hunting Hill Digital’s first product will be the Crypto 25 Fund, a source told CoinDesk.

New York (Florian Wehde/Unsplash)

Policy

The Bitcoin Mining Debate Is Ignoring the People Most Affected

Snowballing misinformation has painted an inaccurate and incomplete portrait of a complicated industry – and that is having a real impact on policy.

Dresden Mayor Bill Hall (Doreen Wang/CoinDesk)

Finance

LabDAO Raises $3.6M to Decentralize Drug Discovery

The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.

(Pixabay)

Policy

Coinbase Praises Canada’s Crypto Approach as U.S. Regulatory Pressure Intensifies

Canada is doing crypto regulation by engagement – “which we love,” said Coinbase’s VP International and Business Development Nana Murugesan.

Canadian regulators are providing more clarity than their U.S. counterparts. (Chris Robert/Unsplash)

Finance

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs

The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.

U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)

Web3

Airstack Raises Over $7M for AI-Backed Web3 Developer Platform

The pre-seed funding extension was led by Superscrypt; Polygon was a prior investor.

(Pixabay)

Finance

Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets

The company has raised $4.2 million in seed round led by Electric Capital.

(Getty Images)

Web3

Jack Butcher Expands Checks NFTs Ecosystem With Physical Print-Backed 'Elements' Collection

The artists' new NFT collection, featuring the signature Checks grid, explores the four classical elements of earth, fire, water and air.

Checks Elements (Visualize Value)

Finance

Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3

Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence.

Yibo Ling, Chief Business Officer of Binance Labs (LinkedIn)

Tech

Threshold Network Goes Live With Wormhole to Bridge Bitcoin to 20 Blockchains

Using bitcoin on other networks previously required users to rely on centralized bridges, which increased risks for token holders.

Prime Protocol to eliminate need for cross-chain bridges (Charlie Green/Unsplash)